Trump Slaps 50% Tariffs on Canadian Autos and Steel

ethnos.gr (Greek)

US President Donald Trump announced 50% tariffs on Canadian auto imports and steel, effective January 1, 2027, escalating the trade dispute. Trump made the announcement via a social media post on Monday, August 24, following the collapse of trade negotiations with Canada. He cited a $60 billion trade deficit and high Canadian agricultural tariffs as reasons. In his statement, Trump urged manufacturers to build in the US to avoid tariffs, adding that Canada "will no longer be treated like a State." He claimed Canada conducts 95% of its business with the US.


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